The stock market is a psychopath. If you’re not actively growing you’re dying, so stable/steady profits and no year over year growth = stock plumits. That’s why companies that are profitable, but hit a saturation point, start to try to squeeze. Gotta make the almighty line go up. It’s all very short cited, but executive incentives are nearly always short term.
Usually these headlines are bs, but the stock price dropping by 50%, or several years’ growth? Yikes.
I mean, still not really cratering but it’s a big drop. Nothing they can’t recover from.
The stock market is a psychopath. If you’re not actively growing you’re dying, so stable/steady profits and no year over year growth = stock plumits. That’s why companies that are profitable, but hit a saturation point, start to try to squeeze. Gotta make the almighty line go up. It’s all very short cited, but executive incentives are nearly always short term.